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France to work with GE on Alstom plan

France has chosen General Electric to form an alliance with Alstom, rejecting a joint offer from Siemens and Mitsubishi Heavy Industries. But the French government said the deal still needed some work and also said it would buy a 20% stake in Alstom.

http://www.wbir.com/video/3634017989001/1/France-to-work-with-GE-on-Alstom-plan http://cdn.newslook.com/e8/e8fd8b98411395b5fecc381e66c434ab/images/frame_ext.jpg France to work with GE on Alstom plan France has chosen General Electric to form an alliance with Alstom, rejecting a joint offer from Siemens and Mitsubishi Heavy Industries. But the French government said the deal still needed some work and also said it would buy a 20% stake in Alstom. FinanceGeneral ElectricEuropejoanna partridgeMITHIbouyguesparisAlstomMitsubishi Heavy IndustriessiemensnewslookArnaud MontebourgfranceWorldLtd. 01:26

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